Ukraine Sells CryptoPunks NFT Donation

In the course of ongoing efforts to serve the needs of its citizens and the country, Ukraine’s Deputy Minister of Digital Transformation Alex Bornyakov announced the sale of a CryptoPunks NFT for 90 Ethereum (ETH) that was donated on April 20. receive.

CryptoPunk 5364

It concerns the CryptoPunk NFT 5364, which was donated to the ‘Aid For Ukraine’ campaign. Initially, the NFT was purchased for 16.19 ETH, or approximately $31,700 at the time of purchase. The NFT was then donated to Ukraine, after which someone offered 100 ETH, approximately $288,000 at the time the offer was made.

Although nothing was done with the offer at the time, the CryptoPunk now appears to have been sold. Just under 100 ETH has been raised, which is 90 ETH. At current market value, this is approximately $102,000. However, the buyer, 0xc08f6d, has spent $103,523 to offset Ethereum gas costs.

Joined European Blockchain Partnership

After Norway and Liechtenstein, Ukraine became the third country not a member of the European Union to join the European Blockchain Partnership (EBP) as an observer. After this move, the country plans to expand its interstate blockchain network partnership to other countries.

Konstantin Yarmolenko, founder and CEO of Virtual Assets of Ukraine, made clear Ukraine’s interest in conducting test nodes of the EBSI and trial use cases of the cross-border public services based on the blockchain technology. He further emphasized that the crypto donations during the war between Russia and Ukraine “proved to be an important support”, stating the following:

The next step is full blockchain integration of Ukraine and the EU based on EBP/EBSI initiatives.

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